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Uncovered SLO


EFI sues Bryan Cave attorneys $100 million for malpractice

Written on 3 May, 2011 in Uncovered SLO | 15 comments

A bankruptcy trustee filed suit Friday against Estate Financial Inc.’s (EFI) former attorney and her employing firm, Bryan Cave LLP, alleging a cover up which led to the swindling of more than $100 million from more than 1,500 San Luis... (Continue reading)

Princess Palms and beheadings: high times turn hairy

Written on 3 May, 2011 in Uncovered SLO | 8 comments

Actor turned developer John King and some of his early business investments in the 1960s, notably in Warehouse Sound Co. and California Cooperage, undoubtedly paid off big and afforded him with greater opportunities. But not everything King touched turned to gold. On... (Continue reading)

The life and times of John King

Written on 2 May, 2011 in Uncovered SLO | 44 comments

Love him or hate him, it is indisputable John King’s ventures have in many ways helped restore the aesthetic glory to downtown San Luis Obispo and molded the local hospitality industry thriving today. But in these economically challenging times even... (Continue reading)

Atascadero settlements costing taxpayers

Written on 26 Apr, 2011 in Featured, Uncovered SLO | 29 comments

An impending $1.9 million budget shortfall has several former Atascadero officials questioning the city’s alleged mismanagement of its police department which has resulted in more than a half million dollars in controversial personnel settlements. "Its clear that the city manager, the... (Continue reading)

HFI executive bargaining for less prison time

Written on 22 Apr, 2011 in Featured, Uncovered SLO | 66 comments

Hurst Financial, Inc. (HFI) president Jay Miller is working on a plea agreement with federal prosecutors in exchange for his testimony against former north county developer Kelly Gearhart, according to inside sources. Miller, 63, is asking to be incarcerated in a... (Continue reading)

California says pay up

Written on 20 Apr, 2011 in Uncovered SLO | 21 comments

California is trying to shame 250 businesses and people into paying their delinquent taxes, including two individuals from the Central Coast who combined owe more than $1.1 million. As part of its collection tactic, the state posted its annual list last... (Continue reading)

Oceano facing insolvency

Written on 19 Apr, 2011 in Featured, Uncovered SLO | 64 comments

Oceano district leaders are grappling with possible solutions to ward off the looming threat of insolvency. Oceano Community Services District (OCSD) general manager, Raffaele Montemurro, says the solution to the district’s financial problems is a combination of selling water rights, procuring... (Continue reading)

Oceano manager’s history of mismanagement

Written on 12 Apr, 2011 in Featured, Uncovered SLO | 67 comments

Amid allegations of mismanagement, some former Oceano Community Service District (OCSD) directors question how similar problems from General Manager Raffaele Montemurro’s past were not disclosed in a background check performed shortly before his hiring in 2009. During Montemurro’s two-year stint as... (Continue reading)

PG&E tries to relax nuclear safety fears

Written on 12 Apr, 2011 in Uncovered SLO | 31 comments

Pacific Gas and Electric Co. has succumbed to public anxiety following the Japanese nuclear disaster by asking the Nuclear Regulatory Commission to hold off on renewing its licenses of the Diablo Canyon Nuclear Power Plant until it completes more advanced... (Continue reading)

Paso Robles lenders arrested for fraud and embezzlement

Written on 8 Apr, 2011 in Uncovered SLO | 44 comments

Real Property Lenders (RPL) of Paso Robles principals Rod Jarmin and Tammy Jordan were arrested this week for seven counts of fraud and embezzlement in connection with a scheme that allegedly swindled more than 700 investors out of $30 million. Jarmin,... (Continue reading)